Word: fleetly
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UKRAINE A major gas standoff; unrest over Russia's Ukraine-based Crimea fleet...
...Dubai's pace of development is, indeed, staggering. A few years ago, Emirates announced plans to expand its fleet to 100 planes by 2010. It passed that mark last year, and is set to receive some of the first super jumbo Airbus A-380s. Only a decade ago, Dubai was a relatively sleepy sheikhdom - one of seven that make up the United Arab Emirates - known for being a trading hub due to its ports, rather than the oil output that enriches its neighbor, Abu Dhabi. But the ambitious Sheikh Mohammed, who formally became its ruler in 2006, implemented a vision...
...exceptions, affording Air France the stability needed to close the gap with competitors that had been restructuring and modernizing since the early 1990s. Ironically, Air France began its overhaul just as business began to pick up. So the company is in the midst of a renewal of its fleet of 254 aircraft--including cabin overhauls--without taking on massive debt. It has spent $5.2 billion to put 85 new aircraft into service in the past five years, with an additional 22 on order, including 10 Airbus 380s...
...floundered. The company suspended that service and says it will resume in May. Despite talk of mechanical problems and low load factors, CEO William Stockbridge, who abruptly took over after Gary Rogliano stepped down just a year after launch, says MAXjet will soon add two jets to its fleet, making a total of five, and offer another destination in the summer. Says analyst Lobbenberg: "Its price proposition is perfect, but they need to sharpen up the operational execution...
...about $259 million on revenues of $1.3 billion. Last autumn, Saga refinanced nearly $2 billion of debt at better terms, and ahead of schedule, allowing it to save $59 million a year in interest payments. Moreover, Saga's travel service recently added a third cruise ship to its fleet, and Saga Magazine now has more than 600,000 subscribers, making it the 10th most widely circulated U.K. title...